Plan Ledger DOL Form 5500 · updated monthly

Rippowam Cisqua School403(b)

RIPPOWAM CISQUA SCHOOL 403(B) PLAN · BEDFORD, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Rippowam Cisqua School reported $64,589 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,970 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.15% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,779th-largest of 5,648 plans among New York employers on file, and the 1,177th of 3,091 in educational services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 116 to 227 since 2022.

Plan summary
Net assets, end of year$34,519,749
Participants with balances313
Active participants227
Employer contributions$447,271
Employee contributions$697,502
Employer contribution per active participant$1,970
Average account balance$110,287
Benefits paid to participants$3,320,784
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 313 accts · $447K emplr
2023$33.2M · 317 accts · $419K emplr
2022$31.6M · 313 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,589
Total administrative$64,589
Employer contributions to the Rippowam Cisqua School plan · 2024
Employer contribution per active participant$1,970
Median for plans this size$2,416
2024$1,970 per active participant
2023$3,553 per active participant
2022$3,342 per active participant

Rippowam Cisqua School's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PASI LLC · Plan administrator · Recordkeeping$6,000
WELLS FARGO ADVISORS$28,000
TIAA-CREF$23,938
WELLS FARGO ADVISORS$7,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$64,589 · 0.19%
2023$65,403 · 0.20%
2022$51,506 · 0.15%
Similar plansEducational Services · New York
Hilbert College NY$36.0M · 0.14%
The Harley School NY$35.6M · 0.06%
Tpr Education, LLC NY$35.0M · 0.39%
North Shore Hebrew Academy NY$34.4M · 0.11%
Trinity-Pawling School NY$33.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131740435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.